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Richmond Events' US Business Panel Report - Economic Outlook Research


The latest Richmond Events' business panel is now available. Please read on for headline findings and to download the full report.

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Richmond Events' US Business Panel Report - Attitudes to Suppliers Research


The latest Richmond Events' business panel is now available. Please read on for headline findings and to download the full report.

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Richmond Events' Business Panel Report - Research and Development


Richmond Events’ latest business panel report on research and development is now available. Headline findings include –

  • The average number of people working within an organisations' research function is 21.
  • 55% of respondents have between 1-5 employees within their research function.
  • Around a third of the panel don’t have a specific research department yet allow whoever comes up with a new idea / product to research it themselves.
  • The average amount the panel commits to R&D as a percentage of their overall turnover is 4%.
  • 80% of the panel say they purchase from external market research agencies - 20% regularly and 60% sometimes.
  • Organisations tend to undertake research more frequently with their customers than non customers.
  • The majority of the panel are positive in their views towards research - almost one third say it keeps them up with or ahead of competition whilst over half feel it greatly increases effectiveness / product development.
  • Well over half of organisations use their own employees to continually research their customers.
  • Just under half of the panel feel it is always almost money well spent. However it is closely followed by 45% who feel measuring ROI on R&D is more difficult.
  • On a less positive note only 39% of the panel use research to better understand their competition.
To request the full report, please contact David Clark.

Richmond Events’ Business Panel Report – Employee Engagement


Richmond Events’ latest business panel report on employee engagement is now available. Headline findings include –

  • 82% of the panel feel employee engagement is essential within their organisation, with a further 15% feeling it’s nice to have.
  • Only 70% of the panel say their organisations actually measure employee engagement. A worrying 4% are unsure if they do or not…
  • The panel feel that levels of employee engagement are higher within their department than they are for their organisation as a whole.
  • 50% of the panel feel that engagement levels have increased within their organisations’ over the past 3 years.
  • The most popular measurement tools for employee engagement are questionnaires and appraisals. However, only 4% of the panel feel engagement questionnaires completely reflect the true feelings of their organisation.
  • The two most important factors in terms of employee engagement are good line management and a good leadership team.
  • The two areas needing most improvement are good line management and a good leadership team!
To request the report please contact David Clark.

Richmond Events’ Business Panel Report – Economic Outlook


Our latest Business Panel report on the UK economic outlook is now available. Headline findings include:-

  • Only 8% rate the government’s handling of the economy as very good, 52% as acceptable, 28% could have been better and 8% as shocking. 
  • The panel predicts interest rates will be at (average) 0.8% in 1 year’s time and 1.88% in 3 years’ time.
  • Not a single respondent expects the economy to grow significantly over the coming year, whilst 24% expect it to grow marginally.  A further 45% expect it to stay much the same as it is now, whilst 29% expect it to shrink a little and 2% shrink a lot.  These figures are down versus last year.
  • The Retail sector is the most pessimistic, with 92% predicting things are going to get a little or a lot tougher (transport & travel are the only ones who predict ‘carnage’!)  
  • Less than half the panel feel their organisation’s profit will increase in 2012, though up from 41% last year.  19% feel their profits will fall this year, 6% more than last year.  3% are undecided.
  • Budgets – mixed news. The proportion expecting an increase has remained similar to last year, 23% down from 24%. However this figure is still dwarfed by the 33% expecting a decrease (though also down from 37% last year). The remaining 44% don’t expect to see a change.   

Download the full report.

For further information please contact David Clark.


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